CBZ Holdings Company Information and Shareholder Insights

CBZ Holdings is a leading financial services group in Zimbabwe, with a rich history dating back to 1988. The company is listed on the Zimbabwe Stock Exchange and has a strong presence in the country's financial sector.

CBZ Holdings has undergone significant transformations over the years, with a major restructuring exercise in 2009 that helped the company to emerge from a challenging period. This exercise has since enabled the company to focus on its core business and deliver improved results.

The company's financial performance has been impressive, with a significant increase in profits over the years. In 2020, CBZ Holdings reported a net profit of $24.6 million, a 25% increase from the previous year.

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CBZ Holdings has a long history of releasing financial updates and reports, with the most recent ones being from 2025. The company's financials are a crucial aspect of its operations.

The 2025 Q1 Trading Update was released on 29 April 2025, giving investors an insight into the company's performance for the first quarter of the year. CBZ Holdings' FY24 Financial Results & Audit Opinion was released on 31 Mar 2025, providing a comprehensive look at the company's financial standing for the fiscal year 2024.

CBZ Holdings has released several trading updates throughout the years, with the Q3 Trading Update being released on 06 Nov 2024. The company's FY23 Results & Audit Opinion was released on 06 May 2024, showcasing its financial performance for the fiscal year 2023. The 2023 Q3 Trading Update was released on 16 Nov 2023, providing an update on the company's performance for the third quarter of 2023.

CBZ Holdings' financial reports are audited by reputable institutions, ensuring the accuracy and transparency of the company's financial information. The company's physical address is located at the 5th Floor Union House, 60 Kwame Nkrumah, P O Box 3313, Harare, Zimbabwe.

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CBZ Holdings has a diverse group of shareholders, with AKRIBOSS WEALTHG N holding the largest share at 22%. This indicates that the company has a significant amount of institutional ownership.

The top shareholders of CBZ Holdings are listed below:

The board of directors at CBZ Holdings consists of experienced individuals, with the oldest member being Luxon Zembe at 68 years old and the youngest being Tawanda Gumbo at 53 years old.

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CBZ.zw has issued multiple cautionary statements over the years, with the first one dated 19 Jan 2023.

These statements are often a response to changing market conditions or unexpected events that may impact the company's performance.

CBZ.zw issued a further cautionary statement on 27 Jul 2023, indicating that they were closely monitoring the situation and would provide updates as necessary.

The company also issued a cautionary announcement on 05 Feb 2024, highlighting the potential risks and uncertainties affecting their business.

CBZ.zw has been proactive in keeping shareholders informed, with a further cautionary statement issued on 02 Oct 2024.

The frequency and timing of these statements suggest that the company is committed to transparency and keeping stakeholders up-to-date on any developments that may impact their investment.

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The top shareholders of a company play a crucial role in its governance and decision-making process. In our research, we found that the largest shareholder is AKRIBOSS WEALTHG N, holding a significant 22% of the shares.

The second-largest shareholder is NSSA, with a 19% stake in the company. This suggests a strong presence of institutional investors in the company's ownership structure.

Public Service PF holds a notable 5% share, indicating a significant investment by a public sector entity. This could have implications for the company's governance and accountability.

The remaining top shareholders include BLMH International Holdings, Kaja Trading Limited, Stanbic Nominees PVT LTD, and Remo Investment, each holding a smaller percentage of shares.

Here is a breakdown of the top shareholders:

The Board of Directors of CBZ Holdings Limited is made up of four members, with a Chairman at the helm.

The Chairman, Luxon Zembe, has been in this role since November 30, 2023, and is 68 years old.

The other board members are Rebecca Gaskin Gain, Edward Mashingaidze, Tawanda Gumbo, and Edward Galante.

Rebecca Gaskin Gain has been a director since October 31, 2019, and is 59 years old.

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Edward Mashingaidze, also a director since October 31, 2019, is 70 years old.

Tawanda Gumbo joined the board on April 6, 2020, and is 53 years old.

Edward Galante, another director since October 31, 2019, is 67 years old.

Here's a brief rundown of the board composition:

CBZ Holdings Limited is a company listed on the stock market, specifically in the equities sector.

Their stock is known as CBZ Stock.

CBZ Holdings Limited is the company behind this stock.

Here are some key details about the company:

In January 2025, CBZ Holdings issued a notice to shareholders regarding a potential acquisition in the financial sector. The company was intending to increase its stake in First Mutual Holdings (FML) by making a mandatory offer to acquire additional shares in the firm.

CBZ Holdings found the regulatory conditions set by the Competition and Tariff Commission (CTC) to be unfavourable. This led to CBZ opting not to proceed with the acquisition.

As a result, CBZ Holdings will retain its existing 31.22% stake in FML.

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